Summary: New Silver reduces Fix & Flip construction funding

Why It Matters: The company has lowered the maximum amount they will lend for construction costs on Fix & Flip projects. This suggests a more cautious approach to lending or a change in their risk management for renovation projects.

What Changed:

• Lowered "Fix & Flip" construction funding from 100% down to 90%.
• Updated the "Recently Funded" list with 12 new loan examples across different states.
• Modified the "Origination" and "Interest Rate" text formatting for Fix & Flip, Rent, and Ground Up products.
• Removed a specific link reference to the loan estimate tool at the end of the Fix & Flip section.